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Find the discounted payback period for the following project. The discount rate is 10% Project X Initial outlay. $17,050 Year1 $5,778 Year2 $5,237 Year3 $5,781

Find the discounted payback period for the following project. The discount rate is 10%

Project X

Initial outlay. $17,050

Year1 $5,778

Year2 $5,237

Year3 $5,781

Year4 $8,833

Calculate the answer to two decimal places

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